INSURANCE NEWS
Markets/Coverages: AXA XL Launches Alternative Risk Solutions; Bouteille to Lead
AXA XL has launched a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé, current chief underwriting officer, specialty as its leader. The new team centralizes AXA XL’s alternative risk expertise to enhance its ability to quickly deliver innovative and …
Ga. Farm Bureau Promotes Willis, LIRG Names Roche Marketing Chief
Georgia Farm Bureau announced that Gary Willis, who recently served as executive director of insurance operations, is the general manager for the bureau’s insurance corporation. Willis takes over for George Monk, who retired Jan. 2, GFB said in news release. …
Trial Underway for Ex-St. Louis Alderman Accused of Insurance Fraud
A federal trial is underway for a former St. Louis, Missouri alderman accused of defrauding an insurance company while in office. Brandon Bosley is charged with orchestrating a fraud scheme to obtain money from his insurance company by falsely inflating …
Warner Pacific Builds SE Business With Brokers Holding Group
Warner Pacific, a general agency for brokers, based in California, has acquired Brokers Holding Group, a South Carolina general agency specializing in health plans and alternative funding for employer groups. The move expands Warner Pacific’s presence in the Southeast, the …
Texas Power Grid Faces Major Test From Season’s Biggest Storm
A powerful winter storm descending on Texas on Friday will be one of the toughest tests of the state’s electric grid since the system collapsed during a deadly 2021 freeze. Ice is predicted for the Dallas area, the Panhandle is …
Brown Students Return to Tighter Security After Campus Shooting
Brown University students resumed classes on Wednesday following a deadly shooting last month that shattered the typical sense of safety on the picturesque campus and spurred a review of the Ivy League institution’s security measures. A shooter attacked an exam-prep …
Bill to Extend Federal Terrorism Backstop Weighed in House Committee
Looking to ensure the longevity of a worthwhile federal program, the insurance industry has continued to lobby in favor of the TRIA Program Reauthorization Act of 2026. A federal backstop for terrorism risk was first initiated late in 2002 by …
Forecasters Warn of ‘Potentially Catastrophic’ Storm Across the South
With many Americans still recovering from multiple blasts of snow and unrelenting freezing temperatures in the nation’s northern tier, a new storm is set to emerge this weekend that could coat roads, trees and power lines with devastating ice across …
Chicago Tow Truck Driver Charged Over Vehicle Thefts
Illinois Attorney General Kwame Raoul last week announced that his office charged a Chicago man over his role in the thefts of multiple vehicles while he was working for the city of Chicago in the Department of Streets and Sanitation …
Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid
Beazley Plc has rejected Zurich Insurance Group AG’s £7.7 billion ($10.3 billion) takeover approach, the latest twist in the Swiss giant’s attempt to acquire the UK specialty insurer. London-listed Beazley said its board has unanimously turned down Zurich’s latest cash …
Japan’s TEPCO Pauses Nuclear Reactor Reboot Day After Milestone Restart
Tokyo Electric Power Co., Japan’s largest utility, suspended the restart process of its nuclear power plant in Niigata prefecture, less than a day after resuming its first reactor since the 2011 Fukushima disaster. TEPCO, as the utility is known, said …
Markets/Coverages: DUAL LatAm Partners With Ki to Expand Region’s Property Capacity
DUAL LatAm, part of DUAL Group, announced a significant increase in property capacity across Latin America, marking a strategic expansion of the property binder established with Brit in 2025 and reinforcing its commitment to delivering robust, reliable solutions in a …